rooster59 Posted November 29, 2019 Share Posted November 29, 2019 Ministry to host sixth FTA talk with Turkey By The Nation Auramon Supthaweethum, director-general of the Department of Trade Negotiations The Commerce Ministry will host the sixth round of negotiation for a Thailand-Turkey free trade agreement on December 2-4, focusing on market opening and tariffs, said Auramon Supthaweethum, director-general of the Department of Trade Negotiations, today (November 29). A conclusion of free trade negotiations is expected next year, she added. “The negotiations will centre on market opening, reducing or canceling tariffs on goods from both countries,” she said. “We expect the agreement to comprise 11 articles”. She said Turkey is a potential market with a population of over 80 million and a strategic location connecting with three continents: Asia, Africa, and Europe. “This agreement will help boost the combined trade value to US$2 billion next year from $1.42 billion last year,” she said. “Major Thai products expected to benefit from an agreement include garments, vehicles and components, organic compounds, plastics and plastic products, rubbers and rubber products, boilers, machines, electronic devices, tropical fruits and vegetables, among others". Turkey is Thailand’s 36th largest trade partner, and the fourth largest market in the Middle East. In 2018, total trade value between the two countries stood at $1,427 million with $1,082 million in exports and $345 million in imports. Main Thai export products to Turkey include cars, equipment and components, air conditioners and components, synthetic fibres and rubbers while main import products from Turkey are chemicals, machine, clothes, accessories, gems, trains, equipment and components,among others. Source: https://www.nationthailand.com/news/30378903 -- © Copyright The Nation Thailand 2019-11-30 Follow Thaivisa on LINE for breaking Thailand news and visa info Link to comment Share on other sites More sharing options...
Cadbury Posted November 29, 2019 Share Posted November 29, 2019 A FTA with Turkey? Things are very desperate indeed. Turkey is a basket case and verging on bankruptcy. And Erdogan and Prayut are birds of a feather in ways I am not allowed to describe. Thailand needs to be careful. The EU and turkey are drifting apart and any deal with Turkey might put paid to an FTA between Thailand and the EU. They need to consider which is more important. https://www.theatlantic.com/international/archive/2018/09/myth-authoritarian-competence-turkey-strongman/570514/ 1 Link to comment Share on other sites More sharing options...
mok199 Posted November 30, 2019 Share Posted November 30, 2019 Thailand soon will be ''cutting coupons'' and 'collecting cans'',to save a buck ... Link to comment Share on other sites More sharing options...
sammieuk1 Posted November 30, 2019 Share Posted November 30, 2019 The main import from the Turks is of course despot leadership corruption and the how to fake a coup manual and exactly the same will be exported back there???? 1 1 Link to comment Share on other sites More sharing options...
Cadbury Posted November 30, 2019 Share Posted November 30, 2019 37 minutes ago, sammieuk1 said: The main import from the Turks is of course despot leadership corruption and the how to fake a coup manual and exactly the same will be exported back there???? Not forgetting......how to rig elections. Like I said before Erdogan and Prayut have a lot in common. 1 Link to comment Share on other sites More sharing options...
bluesofa Posted November 30, 2019 Share Posted November 30, 2019 13 hours ago, rooster59 said: Ministry to host sixth FTA talk with Turkey If it were to ever happen, I'm guessing the Thai idea of an FTA would follow the Asean FTA they have already cheated on to suit themselves? Link to comment Share on other sites More sharing options...
Srikcir Posted December 1, 2019 Share Posted December 1, 2019 http://www.worldstopexports.com/turkeys-top-10-exports/ Many of these exports seem to match many of Thailand's high dollar exports. So I don't see any new trade with Turkey being substantial, especially with the 'hot' baht. Link to comment Share on other sites More sharing options...
DaveE13 Posted December 1, 2019 Share Posted December 1, 2019 (edited) Prawit loves a large lamb Donner kebab with extra chilli sauce. Edited December 1, 2019 by DaveE13 Link to comment Share on other sites More sharing options...
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